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RBI cuts repo rate
India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
Rationale behind RBI’s repo rate cut by 25 bps, possible impact on interest rates, investment and consumption
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes borrowing cheaper for individuals and businesses, which can lead to increased spending and investment.
India's RBI Takes Action: Repo Rate Cut Sparks Hope for Homebuyers and Economic Growth
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the repo rate by 25 basis points to 6.25%. This is the first cut in nearly five years and
1d
RBI's repo rate cut welcomed by bank leaders, expected to ensure liquidity while monitoring inflation
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
8h
on MSN
Fixed deposits: Book FD schemes at higher interest rates of 8% or more before banks slash rates; check details
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
1d
on MSN
CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
18h
EMIs set to fall as RBI trims repo rate for 1st time in 5 years
Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary ...
3h
Budget 2025, RBI repo rate cut: Debt mutual funds just got more tax efficient; check how
According to experts, investors who have invested in debt mutual funds may benefit from some significant tax-saving changes ...
The Week
1d
Realtors eye demand boost post RBI repo rate cut, but quick transmission will be key for borrowers
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
1d
on MSN
India Central Bank Kicks Off Easing Cycle to Boost Economy
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
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